NIRON MAGNETICS AND ASPINA TO DEVELOP RARE-EARTH-FREE MOTOR SOLUTIONS ACROSS GLOBAL END MARKETS

Supply agreement will focus on developing next-generation motor technologies using high-performance rare-earth-free Iron Nitride magnets MINNEAPOLIS, NAGANO, Japan — July 13, 2026 — Niron Magnetics, the leader in rare-earth-free Iron Nitride permanent magnets, and ASPINA, a global manufacturer of precision motors, actuators and system solutions, have entered a supply agreement to support rare-earth-free motor solutions…